Institutional Entrepreneurs
نویسندگان
چکیده
In a market economy, entrepreneurs are businessmen who start a new business or expand an existing business by integrating production factors. In an emerging market economy, where market institutions are being established, in order to start or expand a successful business, a businessman not only has to possess the same ability as their counterpart in a market economy, he also has to overcome many institutional barriers. Often times, such entrepreneurs are at the forefront of destroying existing bureaucratic rules in many creative ways. We call them institutional entrepreneurs. Based on case studies, we analyze the behavior of institutional entrepreneurs and compare them with traditional entrepreneurs.
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